New residential cruise line secures second ship
New residential cruise line Crescent Seas has secured a second cruise ship just weeks after first announcing its startup plans.
Crescent Seas is touting a residential cruise concept, offering luxury condos at sea for sale.
It is run by Russell Galbut, a former Norwegian Cruise Line Holdings chairman.
Just last month he secured a deal for NCLH owned Seven Seas Navigator to transform it into a residential cruise ship with a tentative launch in 2026.
Galbut has gone back to his old firm and agreed a deal to take over Oceania Cruises’ Insignia, which will also be converted to a residential ship starting in 2027.
NCLH will retain ownership of Insignia.
Crescent Seas has ambitious plans for the project, with an initial fleet of four ships including one possible newbuild.
Insignia was originally constructed in 1998 for Renaissance Cruises.
It will undergo a $50 million refurbishment to turn its existing 333 staterooms into 290 condos for sale.
They would range in price from $650,000 to up to $10 million.
Marisa Galbut, president of Crescent Seas said of the residential cruise concept: “With our ownership model, forget about the hassle of planning vacations—embrace the freedom of remote work while exploring the world.”
Insignia’s inaugural voyage is scheduled for late 2027.
Related News Stories: Hyatt Centric Brand Expands Its Global Presence with New ... New hotels and dining in DC Guide to Georgetown, Washington, DC - TravelMole What's hot in Beverly Hills in 2024 The Impact of Anti-Tourism Protests and Regulations on Europe's ... How to explore Chicago's architecture history Atlantic Canada - TravelMole Marriott International Celebrates Record-Breaking Development ... Accor Announces Signing of First Emblems Collection Property In ... Hong Kong Tourism Board - TravelMole
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Airlines suspend Madagascar services following unrest and army revolt
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Airbnb eyes a loyalty program but details remain under wraps